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Speaking during Prime Minister Questions, ahead of the Budget statement, David Cameron said:

In two weeks' time there will be a tax cut for 24 million people in this country as we raise the amount of money you can earn before you pay tax.

We will have taken over 2 million people out of tax altogether. We've frozen the council tax and cancelled fuel duty increase after fuel duty increase and we are legislating to put customers on the lowest electricity tariff.

People across the region are awaiting to hear what the Chancellor of the Exchequer George Osborne has in store for their finances in the annual budget. The Chancellor will announce the budget in a speech at 12.30pm in the House of Commons after Prime Minister's Questions.